COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-436 R1-430 S1-420 S2-416
Copper prices ended with losses as ongoing concerns over the health of China’s economy dampened appetite for growth-linked assets.
Pressure also seen as investors downplayed signs of progress towards peace in eastern Ukraine while tin slid to a eight-month low on worries about oversupply.
Data showed new orders for U.S. factory goods posted a record gain in July and auto sales last month accelerated to their highest level in 8-1/2 years.
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